5 days ago
Movie ticket prices to reduce in Tamil Nadu ahead of Thug Life release. Here's how
The Tamil Nadu government slashed the Local Bodies Entertainment Tax (LBET) from 8.6 per cent to 4 per cent. This move comes after Kamal Haasan appealed to the government, emphasising the struggles that the Tamil film industry is going through. This order will come to fruition ahead of the release of 'Thug Life', which will hit theatres on June Employees Federation of South India (FEFSI) thanked and expressed their gratitude to MK Stalin, Chief Minister of Tamil Nadu. They also thanked Deputy Chief Minister Udhayanidhi Stalin and Minister for Tamil Development and Information Thiru MP actor-producer Kamal Haasan appealed to the Tamil Nadu government to cut down on the tax, while stressing the financial struggles faced by the Tamil film industry in recent times, especially after the Covid-19 pandemic.
The revised order, which was issued under the Tamil Nadu Local Authorities Entertainments Tax Act, 2017, will be reflected in the ticket pricing. Earlier, local body tax was priced at 8.6 per move is expected to increase footfall in theatres and reduce the pressure that producers and exhibitors have been facing. The film industry has been struggling financially due to rising production producers and distributors welcomed this decision and expressed their relief. This move will help Kamal Haasan's upcoming film, 'Thug Life,' directed by Mani Ratnam and upcoming movies in the state.
